Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States (FOB) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States (CIF) - 2023
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $38,105 per ton, surging by 15% against the previous year. In general, the export price recorded prominent growth. The pace of growth was the most pronounced in 2020 an increase of 190% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($83,478 per ton), while the average price for exports to Ireland ($9,445 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States (CIF) - 2023
In December 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $16,308 per ton, picking up by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in January 2023 when the average import price increased by 25% against the previous month. As a result, import price attained the peak level of $16,759 per ton. From February 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($18,152 per ton), while the price for Taiwan (Chinese) ($4,571 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States
Exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium from the United States contracted to 11K tons in 2022, standing approx. at the year before. Over the period under review, exports faced a sharp decrease.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reached $431M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 192 | 164 | 188 | 206 | 2.4% |
| Mexico | 101 | 90.4 | 91.1 | 115 | 4.4% |
| Colombia | 11.1 | 10.6 | 13.4 | 18.3 | 18.1% |
| China | 9.0 | 6.4 | 7.2 | 9.2 | 0.7% |
| Singapore | 13.0 | 10.6 | 11.6 | 5.5 | -24.9% |
| Ireland | 0.1 | N/A | 0.3 | 3.0 | 210.7% |
| Others | 69.3 | 60.4 | 69.2 | 73.9 | 2.2% |
| Total | 396 | 343 | 381 | 431 | 2.9% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from the United States in 2022:
- Canada (5.9K tons)
- Mexico (2.8K tons)
- China (0.3K tons)
- Ireland (0.3K tons)
- Colombia (0.2K tons)
- Singapore (0.1K tons)
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States
In 2022, approx. 20K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were imported into the United States; increasing by 1.8% against the year before. Over the period under review, imports, however, recorded a deep setback. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium rose slightly to $271M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 70.4 | 66.2 | 76.6 | 90.0 | 8.5% |
| Germany | 40.5 | 36.6 | 55.3 | 52.5 | 9.0% |
| Japan | 43.2 | 44.4 | 45.0 | 38.9 | -3.4% |
| Mexico | 26.4 | 15.4 | 24.3 | 22.0 | -5.9% |
| Netherlands | 8.8 | 7.8 | 11.5 | 10.5 | 6.1% |
| China | 17.2 | 13.1 | 12.0 | 7.6 | -23.8% |
| United Kingdom | 2.0 | 1.1 | 4.0 | 7.3 | 54.0% |
| Taiwan (Chinese) | 8.1 | 7.1 | 7.3 | 6.8 | -5.7% |
| Spain | 3.8 | 2.6 | 3.7 | 6.5 | 19.6% |
| Italy | 3.3 | 3.1 | 4.9 | 6.2 | 23.4% |
| South Korea | 3.5 | 4.5 | 5.8 | 5.7 | 17.7% |
| Others | 16.8 | 14.3 | 16.3 | 16.9 | 0.2% |
| Total | 244 | 216 | 267 | 271 | 3.6% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to the United States in 2022:
- Canada (5.3K tons)
- Germany (5.1K tons)
- Mexico (1.7K tons)
- Japan (1.7K tons)
- Taiwan (Chinese) (0.9K tons)
- China (0.9K tons)
- Netherlands (0.8K tons)
- United Kingdom (0.8K tons)
- Italy (0.6K tons)
- Spain (0.6K tons)
- South Korea (0.3K tons)
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